The entry into force of the Monaco–UAE Double Tax Treaty marks a significant milestone in the continued development of the relationship between two jurisdictions that have become increasingly connected through international business, private wealth, family offices and global mobility.
At TrustQore Group, we have observed a growing number of clients with interests spanning both Monaco and the UAE. Whether through cross-border investments, family office structures, international businesses, succession planning or residency considerations, the link between these two jurisdictions continues to strengthen year after year.
The treaty provides an additional layer of certainty for individuals and businesses operating between Monaco and the UAE and reflects the broader trend of increasing economic cooperation and international connectivity.
This development is particularly relevant for our Middle East business. Dr. Alexander Kern, Managing Director of TrustQore Middle East, has lived and worked extensively in both Monaco and the UAE and has witnessed first-hand the evolution of this relationship over many years.
“Having spent a significant part of my career between Monaco and the UAE, I have seen how closely connected these two jurisdictions have become. Today, it is increasingly common to encounter entrepreneurs, investors and family offices with a presence in both locations. The treaty is another positive step that supports this growing ecosystem and provides greater certainty for internationally mobile families and businesses.”
The increasing engagement between Monaco and the Gulf region, including the regular presence of the Monaco business community and the Monaco Economic Board in the UAE, further demonstrates the long-term commitment to strengthening ties between these two international hubs.
As a global independent trust and fiduciary services provider, TrustQore remains committed to supporting clients with international structuring, family office solutions, corporate services, governance and long-term wealth planning across multiple jurisdictions.
We believe the Monaco–UAE corridor will continue to grow in strategic importance for entrepreneurs, investors and international families in the years ahead.